SwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

Mixed on US Exchanges

» Published: 13 January 2025

Mixed on US Exchanges
Photo: Mark Lennihan/AP-TT

The tech giants weighed down Nasdaq's composite index on the first day of the trading week in New York. Nvidia fell 2.0 percent, Apple retreated 1.0 percent, and Microsoft declined 0.4 percent. Nasdaq closed at minus 0.4 percent.

The major loser was also the pharmaceutical company Moderna. The stock plummeted 16.8 percent since the company announced that its revenue this year will be significantly lower than analysts had predicted.

On the other hand, several energy companies did well as the crude oil price rose, a consequence of President Joe Biden saying on Friday that the sanctions against Russia's oil companies will be expanded. Exxon Mobil rose 2.6 percent and BP gained 1.1 percent.

The broad S&P 500 index rose 0.2 percent and the Dow Jones industrial index increased 0.9 percent.

Tags
TTT
By TTThis article has been altered and translated by Sweden Herald

More news

Musk is sued after Twitter purchase
1 MIN READ

Musk is sued after Twitter purchase

Bankers winners on volatile US stock market
1 MIN READ

Bankers winners on volatile US stock market

Brazil: Meta's decision may violate laws
1 MIN READ

Brazil: Meta's decision may violate laws

Northvolt Seized for Millions by the Enforcement Authority
1 MIN READ

Northvolt Seized for Millions by the Enforcement Authority

USA ready to ban Chinese technology in cars
1 MIN READ

USA ready to ban Chinese technology in cars

Trump to address leaders in Davos
1 MIN READ

Trump to address leaders in Davos

Nuclear Power Plant CEO Leaves Post
1 MIN READ

Nuclear Power Plant CEO Leaves Post

Norway awards 53 new oil and gas licenses
1 MIN READ

Norway awards 53 new oil and gas licenses

USA: Lower Producer Prices than Expected
1 MIN READ

USA: Lower Producer Prices than Expected

Victory for Sweden on minimum wages
1 MIN READ

Victory for Sweden on minimum wages

Dockworkers threaten Israel blockade
1 MIN READ

Dockworkers threaten Israel blockade

Increased sales for Scania
1 MIN READ

Increased sales for Scania

Increase in advertising revenue for media
1 MIN READ

Increase in advertising revenue for media

The diesel price near 19 kronor per liter
1 MIN READ

The diesel price near 19 kronor per liter

Upswing for Chocolate Sales – Increased Revenue
1 MIN READ

Upswing for Chocolate Sales – Increased Revenue

150 jobs cut at Postnord
1 MIN READ

150 jobs cut at Postnord

Reduced new lending from China's banks
1 MIN READ

Reduced new lending from China's banks

Upturn on the stock market following news from the USA
2 MIN READ

Upturn on the stock market following news from the USA

Klarna wants to sell loan portfolio in the USA
2 MIN READ

Klarna wants to sell loan portfolio in the USA

Finnish inflation: 0.7 per cent
1 MIN READ

Finnish inflation: 0.7 per cent